Deal Details
Private Loan Type
Residential Ground-Up Construction
Approx. Funding Date
01/19/2018
Property Type
Single Family Residence
Property City
Eugene
Property State
OR
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
Cetan Funds, a private money lender based in Oregon, funded a $175,000 1st lien position ground-up contruction loan for a spec-home in Eugene, OR. The Borrower was an experienced contractor. This ground-up construction loan was funded in January 2018.